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Scholarship Criteria

Meeting a Need

Established by leaders of Bermuda's insurance industry in 1996, BFIS is tasked with ensuring that Bermudian students are provided with opportunities to attain the education and training necessary for careers in Bermuda's insurance industry.

This is being achieved through scholarships, mentoring, internships and career guidance.

Click here to learn more about how you can support BFIS.

SPONSORS

For students interested in a career in Bermuda's insurance industry.
Preferred degree majorsInsurance, Risk Management, Finance, Economics, Actuarial Science, Math, Accounting, Corporate Law, Computer Science. Other majors relevant to the insurance sector may also be considered.
GPAStudents receiving the scholarship must have and maintain a 3.0 GPA or above.
Use of FundsThe scholarship funds can be applied to tuition and fees, text books and materials, room/board and travel.
Other awardsTenure of other scholarships in conjunction with a BFIS scholarship is permitted with BFIS approval.
Financial NeedFinancial need may be taken into consideration.
ApplicationsApplications can only be made by applying through
bermudascholarships.com where you can view all application criteria including required documents, etc.

ACCEPTANCE REQUIREMENTS
UpdatesScholarship recipients shall keep the Scholarship Committee informed of his/her progress by timely submission of grades or transcripts as issued at the end of each semester and such other written reports as may be requested from time to time.
ChangesThe Scholarship Committee must be notified ahead of time of any changes to the academic programme undertaken, or of any other occurrences or activities which materially alter the information presented in the scholarship application. Failure to comply may lead to suspension or forfeiture of the scholarship.
MentorBFIS Scholars will be assigned a mentor from within the insurance sector unless they already have one.
EventsBFIS Scholars are expected to attend when invited to BFIS events and to volunteer at career events.

2010 AWARD RECIPIENTS